Veytics Intelligence
2026-10-02 · Politico

France floats major oil and diesel reserve release in response to US pressure

BRUSSELS — French officials proposed a large release of strategic oil and diesel reserves during emergency talks Friday after Washington urged European capitals to tap stockpiles or face a potentially crippling ban on fuel exports, according to two people briefed on the meeting. Under a proposal made during a gathering of senior European energy officials Friday, Paris suggested that EU countries release 50 million barrels of crude oil and 50 million barrels of diesel, according to the people. The idea is still undergoing technical assessment, said one of the people. It comes after U.S.

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